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November 27, 2012: 7:05 AM ET
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Another HP org change
HP shifts Vertica responsibilities.
Hewlett-Packard (HPQ) yesterday announced a major organization realignment, by merging its printer and personal computer units. But it quietly made another move as well: Shifting responsibilities for Vertica, a data management company acquired by HP last March for more than $350 million.
When HP completed its $10 billion acquisition of Autonomy last October, it put Vertica under the purview of Autonomy boss Mike Lynch (who became HP's head MORE
Dan Primack - Mar 21, 2012 12:48 PM ET -
The spinoff boom is a boon for this economy
Job creation, innovation, and shareholder value: Who said breaking up is hard to do?
FORTUNE -- Not too long ago the prevailing corporate buzzword was "synergy." Combine one business with another, eliminate redundancies, and watch the profits accumulate. Not all mergers would succeed, of course, but two heads would usually prove better than one, particularly at companies where revenue and innovation had stagnated.
In 2011, however, a growing number of large companies MORE
Dan Primack - Oct 21, 2011 5:00 AM ETPosted in: banks, ConocoPh, Expedia, HP, ipos, kraft, McGraw Hill, Mergers & Acquisitions, Sara Lee, spinoffs -
Ray Lane: HP is a part-time job
Ray Lane may now be executive chairman of Hewlett-Packard (HPQ), but it will not be a fulltime job.
During an interview this morning with CNBC, Lane said that he would maintain his "day job" as a managing partner of Kleiner Perkins Caufield & Byers. He added that his passion remains venture capital, but that he would be available to new HP CEO Meg Whitman whenever she needed help or advice.
"My first MORE
Dan Primack - Sep 23, 2011 12:03 PM ETPosted in: HP, Venture Capital -
What HP has that Google doesn't
Google made the week's largest M&A splash, but HP made the week's most surefire M&A move.
We've had two giant tech mergers announced this week: Google (GOOG) agreeing to buy Motorola Mobility (MMI) for $12.5 billion, and Hewlett-Packard (HPQ) agreeing to buy Autonomy (AUTNF) for around $10.3 billion.
One of these deals exudes confidence. The other does not.
I know what you're probably thinking: Google is the confident one. It's making a huge MORE
Dan Primack - Aug 19, 2011 11:03 AM ET
